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Rate of depreciation for ac and inverters ?

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(Querist)
27 July 2012 Dear Expert,

Could you tell me the Depreciation rate for AC and Inverters which are used "other than in office" ?
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Mohit Naithani

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Mohit Naithani (Expert)
27 July 2012 Other Then office mean??
Where it can be used by assessee.

Dep is only applicable when assets is used for Business & Proff of an assessee....
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Vaibhav Jandey

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Vaibhav Jandey (Querist)
27 July 2012 it means other than for administration...
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CA Rahul Jain

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CA Rahul Jain (Expert)
28 July 2012 If it is used for the purpose of business or profession of an assessee, 15% depreciation can be claimed.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
25 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp

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